Video Wall Market Scope
Video Wall is a special multi-monitor (or a single large screen) setup that consists of multiple computer monitors, video projectors, or television sets tiled together contiguously or overlapped in order to form one large screen. Typical display technologies include LCD panels, LED arrays, and rear projection screens (DLP). Video Wall Controller is the core component, which is connecting the computer directly to the video box for instant display on a large Video Wall. No special hardware is required, only a high resolution high speed transmission cable (DVI or HDMI or DisplayPort) is required to transmit signals from the computer to the video box. The video box tiles together a group of small panels to form a large video screen.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Adflow Networks (Canada), AU Optronics Corp (Taiwan), Philips N.V. (The Netherlands), LG Display Co. Ltd. (South Korea), Navori SA (Switzerland), NEC Display Solutions (United States) and Omnivex Corporation (Canada) |
CAGR | 6.7% |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Video Wall market throughout the predicted period.
Adflow Networks (Canada), AU Optronics Corp (Taiwan), Philips N.V. (The Netherlands), LG Display Co. Ltd. (South Korea), Navori SA (Switzerland), NEC Display Solutions (United States) and Omnivex Corporation (Canada) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Panasonic Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea) and Sony Corporation (Japan).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Video Wall market by Type , by Application (Household and Commercial) and Region with country level break-up.
On the basis of geography, the market of Video Wall has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In March 2016,Daktronics Inc. recently acquired ADFLOW Networks, Inc. ADFLOW specializes in delivering digital media solutions to leading retailers, convenience stores and other businesses throughout North America.
In October 2023,AET, a renowned industry expert in fine pitch LED displays, unveiled its latest innovation, the AT55 Inch Video Wall, at Infocomm 2023. Infocomm 2023 attracted a diverse array of visitors, including top industry players from AV and IT channels, senior decision-makers, and buyers from various vertical markets seeking cutting-edge solutions for their businesses.
Influencing Trend:
Adoption of Innovative Technologies at Airports
Market Growth Drivers:
Advanced User-Friendly Video Walls, Progression in the Educational & Government Sectors and Abridgment of the Prices In Displays
Challenges:
Burn-In issue Complications and Restricted Advertisement Space
Restraints:
Higher Initial Investments, Poor Quality of Video Walls and Variable Power Supplies
Opportunities:
A Surging Demand for the High Interactive Digital Signage Systems — Video Walls and Emerging 3d Video Walls
Key Target Audience
Video Wall Manufactures, New Entrants and Investors, Video Wall Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others